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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private equity investment firm.
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DPMS may refer to: DOS Protected Mode Services, a set of extended DOS memory management services since 1992; VESA Display Power Management Signaling, a graphics card power management standard since 1993; DPMS Panther Arms, a United States firearms manufacturer
DPMS Panther Arms: DPMS Panther Arms: United States Civilian FAMAE: Fábricas y Maestranzas del Ejército Chile Military, security FB "Łucznik" Radom: Polska Grupa Zbrojeniowa Poland Civilian, military FM Fabricaciones Militares Fabricaciones Militares: Argentina Civilian, law enforcement, military, security Feinwerkbau: Feinwerkbau GmbH ...
In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group. Remington was millions of dollars in debt and did not report a profit from 2003 to 2005. [3]
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They also manage a number of different brands including, DC Machine, Ferrous Engineering, Lead Star Arms, PSA Defense, Palmetto Outdoors, Special Tool Solutions, and Spartan Forge. In September 2020 JJE Capital also acquired DPMS, H&R, Stormlake, AAC and Parker brands from the Freedom Group bankruptcy auction. [9] PSA AK-E
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